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Re: eik post# 6142

Saturday, 07/22/2017 11:26:23 AM

Saturday, July 22, 2017 11:26:23 AM

Post# of 19259
I understand the points you're making. I think First Mining has made a good effort to get the word out about the Company, but as much as I hate to say it we're not going to see that big, break-out move higher in the share price until gold makes a higher move and investors move into the mining sector. I believe at that point, people are going to recognize what this Company has and how undervalued it is.

Derek attached along with his e-mail to me a bar graph with 40 gold resource companies listed on it. FF was ranked 12th out of the forty in valuation. Our gold in the ground was valued at $22 US with the average of those total 40 company's gold valued at $52 US. I was floored by this graph. Most of those other companies I had never heard of and First Mining was literally in the bottom third of the 40 companies in valuation.

So that tells you how undervalued our gold assets are and IMO why they want to continue drilling and adding to our asset valuation. I think the majority of investors in this company are people that know and follow Keith or are investors in First Majestic/First Quantum. It's amazing to me that this Company is not valued more than it currently is on those factors alone. It just goes to show how under the radar these Companies are.
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